Sentences with phrase «national currencies into»

Last year, it said Bitcoin businesses, which included exchanges that turn national currencies into Bitcoin, should be classified as money transmitters.

Not exact matches

The general government sector — which consists of national, state and local governments — had a net foreign currency asset position equivalent to around 3 per cent of GDP as at the end of March 2013, before taking into account the use of derivatives for hedging purposes (Table 2).

The deal about this kind of services is that they only convert bitcoin into rubles and execute payments by using the national Russian currency and so there are no reasons for the Russian government to consider it illegal.

In the wake of America's 1907 financial panic, the Aldrich - Vreeland Act of 1908 created a «National Monetary Commission... to inquire into and report to Congress at the earliest date practicable, what changes are necessary or desirable in the monetary system of the United States or in the laws relating to banking and currency...» [1] The Commission's thirty - five monographs provided an exhaustive study of central banking structures and commercial banking policies, laying the groundwork for what in 1913 became the Federal Reserve Act.

This, combined with the rise of Japan and the stagnant European economies, again focused the attention on ideas which had existed for some time: further integration of national European economies into an integrated common market, and even a joint currency.

The President had equally ordered a full scale investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) made a claim, hence suspending the DG, Ambassador Ayo Oke.

Also, the President has ordered investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) has made a claim.

eBooks2go's sales tracking system crunches the numbers for you from every retailer and geographic region and converts totals into your national currency.

To remove the constraint individually would require fiscally unstable members of the Euro to adopt what would effectively be a «dual currency» system, rolling over their debt into instruments that allow the debt to be converted into their own national currencies.

Which in some cases is privy to like - kind treatment where capital gains tax events are no longer created upon liquidation into another like property until settled in a national currency.

Deposits to trading accounts can be made in most national currencies, which are subsequently converted into GBP, EUR, USD, CHF or other applicable currencies.

The agencies — the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency — and the SLC recognize that the competitive job market, traditionally low entry - level salaries, and higher student debt loads can contribute to some borrowers preferring greater flexibility with their payments as they transition into the labor market.

Just Cause 2 (Avalanche Studios, Xbox 360 / PS3 / PC) One of the first games to elevate explosions into an in - game currency from mere window dressing, Just Cause 2's National Geographic photo - spread of a world is one of the year's most enjoyable to visit both as a tourist and as a terrorist.

National currency GDP is converted into U.S. dollars at the relevant year's conversion rate.

The report also gave a basic overview of bitcoin, noting that it is a «virtual currency that is independent of national currencies», and that it can be converted into real currencies using certain exchanges.

Blockchain tokens tied to national currencies will be integrated into Mycelium bitcoin wallet this summer.

When the economy is slowing down it is not able to pay off it's national debt, the government orders to print more currency and inject it into the economy.

Assets, people, and even national currencies or other cryptocurrencies can be put into an Ethereum smart contract and moved around through a defined process.

As Ethereum evolves into a more flexible and functional network, it would allow central banks such as the People's Bank of China (PBoC) and Bank of Russia to consider the actual possibility of building serious applications and even national digital currencies on top of the Ethereum protocol.

Bitcoin through Wirex has understandably stormed into Argentina as an attractive alternative to the country's volatile national currency and dysfunctional banks.

The status of Bitcoin exchange is still contentious, as the Thai central bank now argues that Bitcoin exchange might be illegal because, if combined with foreign Bitcoin exchanges, it makes it too easy to bypass foreign exchange restrictions and convert Thai baht into other national currencies, but nevertheless substantial progress has been made.

This is due to a large population of a given country losing faith in their national currency, trading in FIAT — in many cases, their entire savings — into a cryptocurrency.

The 4AMLD Virtual Currency Amendment must be formally adopted by EU Member States and turned into national laws within 18 months.